Financial Event
Annual Report 2010
Annual Report was published March 16 2011.
During 2010, the Volvo Group grew at a good pace with increased sales in all regions, improved profitability and good cash flow. After having reported a substantial loss in 2009 when the global financial crisis hit hard and we were forced into considerable rationalizations, it is pleasing to note that recovery in growth and profitability has been swift.
- Leif Johansson, CEO